Brazil Industrial Refrigeration Systems Market Size & Outlook

The industrial refrigeration systems market in Brazil is expected to reach a projected revenue of US$ 263.7 million by 2030. A compound annual growth rate of 3.6% is expected of Brazil industrial refrigeration systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$206.5
Forecast, 2030 (US$M)
$263.7
CAGR, 2024 - 2030
3.6%
Report Coverage
Brazil

Brazil industrial refrigeration systems market highlights

  • The Brazil industrial refrigeration systems market generated a revenue of USD 206.5 million in 2023 and is expected to reach USD 263.7 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
  • In terms of segment, compressors was the largest revenue generating component in 2023.
  • Compressors is the most lucrative component segment registering the fastest growth during the forecast period.


Industrial refrigeration systems market data book summary

Market revenue in 2023USD 206.5 million
Market revenue in 2030USD 263.7 million
Growth rate3.6% (CAGR from 2023 to 2030)
Largest segmentCompressors
Fastest growing segmentCompressors
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCompressors, Condensers, Evaporators, Controls
Key market players worldwideJohnson Controls International PLC, Emerson Electric Co, Danfoss A/S, GEA Group AG, Daikin Industries Ltd, DuPont de Nemours Inc


Other key industry trends

  • In terms of revenue, Brazil accounted for 1.0% of the global industrial refrigeration systems market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Mexico industrial refrigeration systems market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 468.7 million by 2030.

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Industrial Refrigeration Systems Market Companies

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Brazil industrial refrigeration systems market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial refrigeration systems market will help companies and investors design strategic landscapes.


Compressors was the largest segment with a revenue share of 26% in 2023. Horizon Databook has segmented the Brazil industrial refrigeration systems market based on compressors, condensers, evaporators, controls covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Brazil industrial refrigeration systems market databook

  • Our clientele includes a mix of industrial refrigeration systems market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil industrial refrigeration systems market , including forecasts for subscribers. This country databook contains high-level insights into Brazil industrial refrigeration systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil industrial refrigeration systems market size, by component, 2018-2030 (US$M)

Brazil Industrial Refrigeration Systems Market Outlook Share, 2023 & 2030 (US$M)

Brazil industrial refrigeration systems market size, by component, 2018-2030 (US$M)

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